Meegan Darby, Pat Petrillo & Harald Grant Sell Water Mill SFR For $16.75M
SOLD
New York
See Similar DealsSingle Family Residence12,600 SF
Sold 08/20/2021
SOLD
Meegan Darby, Pat Petrillo & Harald Grant Sell Water Mill SFR For $16.75M
593 Flying Point Road, Water Mill, NY, USA
See Similar DealsSingle Family Residence12,600 SF
Sold 08/20/2021
Summary
NEW YORK
Asset Type:Single Family Residence
Price Per Square Foot:$1,329
Total Square Footage:12,600 SF
Transaction Type:Sale
An SFR located at 593 Flying Point Road in Water Mill was recently sold for $16,750,000. The property spans 12,600 square feet, resulting in a price per square foot of $1,329. The transaction was handled by brokers Meegan Darby, Pat Petrillo, and Harald Grant.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $16,750,000
- Address: 593 Flying Point Road
- Market: Water Mill
- Square Footage: 12,600
- Price per Square Foot: $1,329
The deal was facilitated by brokers Meegan Darby, Pat Petrillo, and Harald Grant. They played a vital role in ensuring the successful completion of the transaction.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$893,333.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$59,509.22
Cash-on-Cash Return-1.27%
Monthly Debt Service$79,403.55
Annual Debt Service$952,842.55
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